Definition of Kijun-sen:

  1. A part of the Ichimoku Kinko Hyo charting system. It shows a market trend, and is typically used with medium-term momentum. It calculates the price of the asset over 26 weeks. Prices higher than kijun-sen will grow and prices lower than it will fall.

    kijun-sen = (Highest High + Lowest Low) / 2.

Meaning of Kijun-sen & Kijun-sen Definition